U.S. stocks sink on debt fears; gold, dollar gain

SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European bank stability. The Dow Jones Industrial Average lost 94.57 points, or 0.8%, to 12,385.16, led by a 2.8% pullback in Bank of America Corp. shares. Only Chevron Corp. closed higher on the 30-member ...

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Source: Market Watch

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